Annual report view

Construction of wind farms in the north-eastern region of Brazil.

Financing of a 160-kilometre subsea cable between the Åland Islands and Finland.

Renovation of two hydropower plants along the river Vuoksi in Northwest Russia.

Investment in Volvo Group’s R&D to improve fuel efficiency to comply with forthcoming European emission regulations.

R&D programme 2012-2015 to further reduce friction in SKF’s bearings.

Expansion of mobile telecommunications network in Norway.

Increase of hydropower capacity in Norway

Loan programme to finance new hydropower projects and upgrade existing plants

Rehabilitation and improvements of facilities for wastewater treatment in the city of Petrozavodsk, northwest Russia.

Purchase of up to 49 trains to be leased to Region Skåne. The new trains have energy recovery technology and offer improved traveller comfort, including better facilities for people with physical disabilities.

Construction of energy-efficient office buildings in Finland and Sweden.

Upgrading of the company's networks in the Moscow region and other regions of Russia.

R&D programme developing catalysts and technologies for energy efficient processes used for removing harmful emissions, production of clean fuels and power generation.

Purchase of 20 new SJ-3000 high-speed trains

Construction of wind turbine parks with a total capacity of 300 MW in the states of Tamil Nadu, Andhra Pradesh and Gujarat in India.

Construction of a 330 kV transmission line in southern Estonia.

Construction of four green office buildings in Poland meeting the requirements of the LEED and EU Green Building standards.

Expansion of the Garpenberg zinc, silver and lead mine in Dalarna, Sweden, to increase ore production.

Financing the construction of a gasification-based bioenergy plant.

Financing of projects fulfilling NIB’s mandate within various sectors in rural areas.

Expansion of 3G broadband networks in smaller towns and rural areas of Finland.

Construction of an 1,900-kilometre high-voltage direct current (HVDC) bi-pole line and HVDC terminals through transfer from hydropower stations in northeast India to the areas of the country experiencing a power deficit, in particular the northern and western regions.

Construction of a 170-kilometre electricity interconnection between Estonia and Finland, Estlink 2.

Financing of infrastructure projects in the port of Gävle.

Construction of a new subsea cable, Skagerrak 4, between Norway and Denmark and an upgrade of the existing subsea cable crossing the Oslofjord.

Loan programme to finance the construction of new hydropower projects and the upgrading of existing hydropower plants.

Financing the construction of the Anholt offshore wind farm in Denmark.

Acquisition of terminal operating system provider Navis.

Investments in new and modern newsprint machinery in Bonnier Group’s printing company, Bold’s, plant near Stockholm.

Financing the acquisition of equipment to be leased to Turun Seudun Vesi Oy for an artificial recharge aquifer project in the Turku region in Finland.

Financing for increased production at an ethyl alcohol plant in Norrköping in order to meet the growing demand for ethanol as a replacement for gasoline.

Onlending to housing companies, SMEs and large corporations for projects in the areas of energy efficiency and wastewater treatment.

Acquisition of construction equipment to be leased to Porvoon Energia Oy for a combined heat and power plant in South-East Finland.

Financing an artificial recharge aquifer project for water supply in the Turku region in Finland.

Wind farm project with a total capacity of 46 MW in the province of Västerbotten in northern Sweden.

Investment loan for financing part of the purchase price of 18 trains to be leased to Swedish rail company AB Transitio.

Financing the building of the metro line from Helsinki to Espoo.

R&D projects aimed at extending the range of raw materials that Neste Oil uses for the production of renewable diesel.

Onlending to infrastructure projects that comply with NIB’s mandate.

Construction of a new hydropower plant in Búðarháls, southern Iceland.

Loan programme to finance the Bank of Greenland’s environmental loan facility for energy efficiency measures in private households.

Investments into fire prevention programmes in Danish Crown’s factories, as well as an upgrade of the company’s meat processing factory in Blans, Denmark.

Onlending for infrastructure and energy projects with an environmental benefit in southern Africa.

Onlending to projects that comply with NIB’s mandate, mainly in the production of renewable energy.

Loan programme earmarked for investments in wind power projects in Jutland, Denmark.

Onlending to small and medium-sized companies for environmental projects.

Loan programme to finance environmental projects complying with NIB’s mandate within various sectors and aimed at improving the environmental situation in China through pollution abatement and the application of environment-friendly technologies.

Construction of a 170-kilometre electricity interconnection between Estonia and Finland, Estlink 2.

R&D programme focusing on the development of a new type of 3 MW wind turbine for low and medium wind regimes.

Construction of the city’s western bypass road and sludge treatment plant as well as renovation of schools.

Construction of four wind parks with a total power generation capacity of 157.5 MW in Brazil.

Expansion of one of the company’s plants in Sweden, to increase the volume of high strength steel products.

Loan programme for financing projects that are of mutual interests to Brazil and NIB’s member countries.

Construction of a gasification-based waste-to-energy plant in the city of Lahti in southern Finland.

Investment programme for the renewal of the east-west railway corridor in 2010 to 2013.

Modernisation and reconstruction of the iron production and related environmental technology in the company’s steelworks in Raahe, Finland. The renewal will help modernise the manufacturing process so that it conforms to the latest environmental and technical standards.

Financing the purchase of 35 new trains to be used by the Regional Public Transit Authorities (PTAs) to increase railway efficiency.

Investment programme in research and development.

Financing of the construction of a wind power park in Tornio in northern Finland.

Reconstruction and expansion of the Pulkovo Airport in St. Petersburg.

Investment in a new chemical recovery plant at a pulp and paper mill in Kymi, Finland.

R&D projects in different units within the Volvo Group to develop new technologies for emissions reduction and hybrid technologies for city vehicles.

Infrastructure investment programme for the reconstruction of a ring road and the road network of Vantaa.

Research and development programme aimed at creating more innovative products as well as more efficient production processes for the cement industry.

Expansion of 3G and broadband networks.

Loan programme for increasing energy efficiency of buildings in the public sector, including universities, schools, libraries, hospitals, as well as more than 300 private apartment buildings.

Intermediary loan for onlending to small and medium-sized companies.

Expansion of a distribution hub outside Oslo.

Loan programme for financing projects of mutual interest to the member countries of NIB and CAF.

Upgrading five hydropower plants, including the replacement of turbines and generators, and the modernisation of the automation system.

Acquisition of a ship design group Vik-Sandvik.

Long-term loan for the purchase of low-floor trams and metro cars.

Construction of a waste incineration power plant in eastern Norway with an annual output capacity of 200 GWh of energy.

Research and development in enzyme technology for bio-fuel production.

Investment programme including the construction of a bypass road south of the city, the reconstruction of streets, as well as the upgrading of the public transport fleet.

Onlending to projects carried out by small and medium-sized enterprises in Latvia.

Environmental investments, including energy efficiency gains, improved handling of waste and better use of chemicals, at the company’s production plants in Oxelösund, Borlänge and Luleå.

Upgrading and refurbishment of existing hydropower plants, which will enable the output of renewable and emission-free energy to increase by 100 GWh per year, or up 25% from the current level.

Loan programme to finance renewable energy projects in India.

A/B loan for financing the expansion of the company’s wireless broadband and telecommunications infrastructure in Brazil including supplies of state-of-the-art telecom network technology from Nordic suppliers.

Acquisition of Lindex, a major fashion chain in northern Europe, aimed at broadening Stockmann’s international business.

Construction of a sludge treatment facility at a wastewater treatment plant in Vilnius, the capital of Lithuania. The facility will produce biogas to be utilised in a combined heat and power plant, and granules for use in covering landfill areas, as fertiliser, or as fuel for incineration plants.

Construction of the 62-kilometre Phase 2 of the A1 motorway in Poland. By late 2011, a new dual-carriage motorway will link the Baltic Sea harbour city of Gdansk with the city of Torun in central Poland. A1 is part of Trans-European Corridor No 6, important for Scandinavian countries in improving transport connections to central and southern Europe.

Financing of a high-grade silicon metal factory for the solar cell industry. The new production process consumes significantly less energy than traditional methods, lowering production costs as well as air and water emissions.

Construction of a new spare parts distribution centre in the Netherlands. Centralising the spare parts logistics will help Wärtsilä strengthen its international customer service.

Acquisition of an Airbus 340-300 E aircraft, as part of an investment programme for expanding the fleet.

Construction of a new multi-fuelled, combined heat and power plant in the town of Kerava, southern Finland. Once in operation in late 2009, the new plant will help reduce the import of gas for fuelling the existing power plant in the town.

Investment programme, including the reconstruction and construction of transformer substations and distribution points in the electricity distribution network in eastern Lithuania, including Vilnius.

NIB’s 3rd Rural Area Loan Programme to finance projects of mutual interest in various sectors in rural areas in China.

Investments in five new and relocated IKEA stores in Sweden.

Financing of new premises in Moscow, Russia.

Investment into the Eqvitec Mezzanine Fund III for onlending as mezzanine loans to Nordic small and medium-sized enterprises primarily in the technology, industrial product and services sectors.

A/B loan for financing the expansion of the company’s 2G and 3G mobile networks in the São Paulo region of Brazil.

Investment programme aimed at building up and expanding the 3G mobile telecommunications network and increasing the capacity of the fixed-line broadband network.

Onlending to small and medium-sized enterprise projects for the construction of new production facilities, expanding windmill farms, acquiring new trucks for haulage contractors and establishing district heating facilities for clients in Denmark.

Investments in the production and distribution of electricity, the development of bioenergy-based power production and the expansion of the regional thermal energy distribution grid in southern Norway.

Onlending to private households, farms and small and medium- sized enterprises in order to finance small-scale environmental projects.

Onlending for infrastructure development as well as small and medium-sized enterprise projects in south-eastern Norway.

Investment into the Nordic Mezzanine Fund III for onlending as mezzanine loans primarily to Nordic small and medium-sized enterprises.

Construction of a greenfield factory for the manufacture of large-sized bearings in India.

Acquisition of the outdoor products operations within Komatsu Zenoah of Japan. Production is based in Japan and China.

Upgrade of Vattenfall’s hydropower plants in 2006–2013. A major part of the task involves reducing the environmental impact of Vattenfall’s operations and utilising water resources more efficiently. The investments are mainly focused on the replacement of turbines, generators and transformers.

Upgrade of turbines and enhancement of safety and efficiency at the Olkiluoto nuclear power plant’s two reactors. The project includes retrofitting low-pressure steam turbines, renewing sea water pumps and replacing inner isolation valves in the main steam pipes.

Investments in four new plants in Poland. The investments cover four product groups: dryers, dishwashers, washing machines and cookers.

Investments in a new recovery boiler in Obbola, Umeå, and the expansion of an integrated pulp mill in Ortviken, Sundsvall.

Investment in a new wind turbine gear manufacturing facility in Jyväskylä in central Finland. The facility, due to be completed in late 2008, will double Moventas’s wind turbine and industrial gear production capacity.

Establishing a 4,500-kilometre two-leg marine fibre optic cable connecting Greenland with Iceland and Canada. The cable will safeguard the necessary telecommunications capacity between Greenland and the rest of the world for the next 25 years.

Equipment supplies for power plants necessary for the increase of the generation capacity.

For financing the acquisition of Finnish Kemira GrowHow from the Finnish state.

For financing the Baltic Beverage Holding's (BBH) investment programme, including a capacity increase at two of BBH's breweries: Slavutich in Ukraine and Sarbast Plus in Uzbekistan.

For financing Promsvyazbank's (PSB) onlending for projects of mutual interest to NIB and PSB.

For financing the development and modernisation of the Riga Psychiatric Clinic's (RPC) infrastructure, including the construction of a new building for patients, student training facilities, and the renovation of existing buildings.

For financing Landsnet's investments in new transmission infrastructure, including transmission lines and cables as well as new substations and extensions of existing ones.

To finance SN Aboitiz Power's (SNAP) acquisition and rehabilitation of the 360 MW Magat hydropower plant, which supplies energy to the Luzon electricity grid in the Philippines.

NIB's eleventh General Loan Programme of USD 100 million to the People's Republic of China will be used to finance projects of mutual interest in various sectors of the country's economy.

For onlending to Lithuanian small and medium-sized enterprises (SMEs).

For financing Latvenergo's investment programme, which includes the rehabilitation of the transmission and distribution network and the modernisation of the heat and power plant TEC-2 in Riga, as well as other energy efficiency projects.

To finance small and medium-sized enterprises, primarily making environmental investments in the farming sector, including biogas plants and energy projects, for instance windmills.

To co-finance 34 projects in Iceland's small rural municipalities within geothermal heating, waste disposal, water supply, and harbour facilities.

For financing Slovak small and medium-sized enterprises (SMEs) investing in Nordic/Baltic technologies, services or works or having Nordic/Baltic sponsors.

To Brazil's Bahia Pulp, which was earlier granted a project investment loan in the amount of USD 40 million.

To finance Arla Foods' acquisition of a stake in the dairy business of Finland's Ingman Group.

To finance Bank Saint Petersburg's (BSP) onlending to subprojects eligible under NIB's Environmental Investment Loan programme.

For financing Sandvik AB's investment in a new steel hot rolling mill within the existing premises of the company's industrial area in Sandviken, central Sweden.

For onlending to Akureyri's energy company Norðurorka to finance three projects in geothermal district heating and power distribution in the Eyjafjörður area.

For financing the company's investment in a system for the automated measurement and control of the electricity consumption of its clients in the household and small business sectors in Sweden.

For financing the renewal of the public transport service rolling stock, including the acquisition of 23 new trolleybuses and 10 new tram cars.

For onlending to small and medium-sized enterprises for investments primarily in wind power, as well as environmentally friendly investments in the farming sector.

For further onlending for the activities of small and medium-sized enterprises in environmental farming, wind power production as well as the housing sector (environment and energy) and infrastructure (highway construction).

To finance a part of RARIK's investments in the Lagarfoss hydro-power plant and to finance improvements in the distribution of electricity in the company's operational area.

For onlending to small and medium-sized enterprises among SPRON's customers with particular focus on projects in infrastructure and environmental improvements.

For financing Husqvarna's activities in research and development.

For financing Trelleborg's acquisition of the engineering company CRP Group operating primarily in the UK and US.

For onlending to finance projects of small and medium-sized enterprises in the eastern part of Jutland.

For financing Stena Metall's acquisition of the Danish recycling company Rødkærsbro A/S.

For financing the expansion of production capacity at Bahia Pulp, one of the world's leading producers of dissolving pulp, based in Camaçari, southern Brazil.